Wynnstay Group CEO, Alk Brand and CFO, Rob Thomas present the group's results for the year ended 31 October 2024, followed by Q&A.
Alk Brand, CEO
00:16 Introduction
Rob Thomas, CFO
01:19 Business Summary
02:36 FY24 highlights
Alk Brand, CEO & Rob Thomas, CFO
06:10 Feed and Grain
10:54 Fertiliser & Seed
13:41 Depot merchanting
Rob Thomas, CFO
17:18 Income statement
19:09 Balance sheet
20:30 Cash flow statement
21:07 Net cash
22:03 Capital allocation policy
Alk Brand, CEO
24:03 Growth strategy
26:51 Introducing Project Genesis
Rob Thomas, CFO
29:45 Driving value
Alk Brand, CEO
32:06 Initiatives to enhance returns
Alk Brand, CEO & Rob Thomas, CFO
35:14 Summary & outlook
37:01 Q&A
Wynnstay is a leading UK provider of agricultural supplies and services to farmers, mainly in England and Wales. The Group’s wide range of agricultural inputs includes feed, seeds and fertiliser. It also provides grain marketing services to arable farmers and its specialist teams offer farmers advice on animal health and nutrition products as well as on soil health, environmental measures, and the latest farming techniques. Wynnstay supplies direct-to-farm and via its network of depots, which sell an extensive range of farm supplies, including hardware, feed and dairy hygiene products. The depots also cater for rural dwellers.
Wynnstay manufactures a range of branded feeds, trades feed raw materials, operates a modern seed processing facility and is the second largest fertiliser blender in the UK. Based in Wales, Wynnstay originated as a farmers’ co-operative in 1918 and joined AIM in 2004. It has established a strong record of rising dividends.
